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Building of Shree Laligurans Cooperative Limited. (File photo)
KATHMANDU: Surendra Bhandari, the owner of Lalitpur-based Laligurans Multipurpose Cooperative, has been arrested.
Bhandari, who also serves as the chief of the Central Cooperative Department of the Nepali Congress, is accused of misappropriating Rs 6 billion of depositors’ money.
Allegations include investing in private companies and providing loans to political party leaders.
He was arrested by the Kathmandu Valley Crime Division in Baluwatar on Friday.
Publish Date : 29 June 2024 15:32 PM
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